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241. Borrell: Cyprob solution must come from Cypriots

"The European Union fully supports the resumption of a settlement process under UN auspices, as soon as possible," and stands ready to provide whatever assistance both parties and the UN would find most useful, the EU’s Foreign Policy chief Josep Borrell said Thursday....

242. COVID-19 is adding new impetus to finance transformation

243. Smoothening the cliff edge in EU-UK relations

The Trade and Cooperation Agreement (TCA) between the United Kingdom and the European Union came into effect on January 1, 2021, capping a tumultuous four-and-a-half-year period since the shocking result of the July 2016 Brexit referendum, in which 51.9% of the British voters voted in favor of leaving the EU. Subject to the delayed assent of the European Parliament, this UK-EU free trade agreement (FTA) extends zero-tariff and quota-free trade in goods between the two economic areas....

244. Cyprus parliament approves legislation for social enterprises

Parliament on Thursday passed into law a bill allowing social enterprises to be set up in the Republic of Cyprus....

245. EU, Greece sign agreement for new migrant center on Lesvos

The European Commission on Thursday signed a memorandum outlining a detailed plan agreed by Greek authorities and EU agencies to establish a new, up-to-standard reception center on the island of Lesvos by early September 2021. This is a key step in resolving the situation following the fires that destroyed the Moria camp in September. It is the result of the work of European Taskforce that was created at that time....

246. Greece asks EU countries to halt military exports to Turkey

Greece has asked fellow European Union countries to halt military exports to Turkey, the country's foreign minister said Tuesday, amid a deepening dispute between the two neighbors over maritime boundaries in the eastern Mediterranean....

247. Government okays schemes tackling unemployment

The Cabinet on Wednesday approved three new schemes aiming to motivate the hiring of unemployed persons, ex-convicts, and youth, budgeted at €31 million....

248. Greece, US affirm commitment to boosting ties after high-level review

Greece and the US on Monday issued a joint statement following a high-level review of the US-Greece Strategic Dialogue that took place in Thessaloniki amid a visit to the northern port by US Secretary of State Mike Pompeo and Greek Foreign Minister Nikos Dendias....

249. Nearly 100 asylum seekers flown out of Cyprus

Fourteen unaccompanied minors have been transferred from the Republic of Cyprus to Finland, while another 84 foreign nationals were flown back to their countries in what the government described as ‘voluntary returns'...

250. Anastasiades: Patriotic realism dictates solution through diplomacy, not weapons

Instead of a catastrophic scenario, we opt for diplomacy, the weapons of international law and Cyprus’ status as an EU member state. This is what is dictated by patriotic realism and rationalism, and not a rhetoric of empty slogans. The coming days are crucial as regards initiatives taken by the EU and the US in view of preventing a potential crisis through targeted measures towards Turkey....

251. Cops criticized over handling downtown clash

Another suspect has been arrested on a court warrant following Sunday’s downtown fatal incident in Nicosia, while critics continue to cry foul over the way officials are handling the situation in the media...

252. Racism, xenophobia rife in Cyprus, refugees say

A teleconference on Tuesday raised the multifaceted problems faced by refugees and asylum seekers on the island, such as racism and xenophobia, hardships during the coronavirus pandemic, and difficulties with integrating into Cyprus society....

253. Demonstration outside refugee camp sparks Government reaction

A demonstration staged outside the Pournara camp in Kokkinotrimithia on Sunday calling for an end to the arbitrary detention of hundreds of refugees and asylum seekers stirred reaction from the Government on Tuesday, with an Interior Ministry announcement claiming it won’t be allowing any further ghettoization of the island....

254. Teachers refuse to livestream their classrooms

Public school teachers in the classroom remain firm on their refusal to live stream lessons online, saying it would be unproductive and dangerous, while reports point to a fear over internet memes...

255. Finland to accept 175 asylum seekers from Mediterranean 'hotspots'

The government of Finland announced on Thursday that it will be accepting up to 175 asylum seekers from Cyprus, Greece, Malta and Italy, in a bid to facilitate their humanitarian situation in EU member states in the Mediterranean....

256. Cyprus’ Foreign Minister to attend Munich Security Conference

The Foreign Minister of Cyprus Nikos Christodoulides, departs on Friday for Munich, to attend the Munich Security Conference, taking place between February 14-16....

257. 2020 year of ‘slowbalisation’

Global economic growth in 2020 is expected to grow at a rate of around 3.4% in purchasing power parity terms,according to new projections by PwC, compared to its long-term average of a 21st century average of 3.8% per year...

258. EU fails to launch membership talks with Balkans hopefuls

European Union leaders failed Friday to agree on launching membership negotiations with Albania and North Macedonia in an embarrassing climb-down that could risk inflaming the volatile Balkans region....

259. Hellenic Bank posts profit of €59.1 million in first half of 2019

The Hellenic Bank has announced that it has posted a profit of €59.1 million after tax in the first half of this year with CEO Yiannis Matsis noting that the results reflect part from the benefits from the acquisition of the operations of former Cyprus Cooperative Bank. ...

260. Playing with fire

The emerging crisis in the Eastern Mediterranean over Turkey’s drilling activities in Cyprus’ exclusive economic zone (EEZ) raise the prospect of an open Greco-Turkish conflict to a level higher than anytime since the Imia crisis...

261. Elections 2019: Cyprus chooses

262. Body count in Mitseros still unknown

Police in Cyprus are scrambling to locate and identify bodies of foreign women following the arrest of a suspected serial killer, while the total number of slain victims is unknown with critics accusing law enforcement of not doing enough...

263. MAPFinTech and oneZero announce partnership

MAP Fin Tech and one Zero announce partnership to collaborate in research and development for integration of their systems...

264. Interview with Egyptian Ambassador Mai Taha Mohamed Khalil

265. Pantelides - Sözen‏: Swiss governance model instead of bizonal federation

266. Egypt - Cyprus agreement for Block 12 gas field attracts great investor interest

267. Moody's upgrades Bank of Cyprus and Hellenic Bank

268. The secret for a successful business reorganization

In the business universe, there are two available structures for organizations to emerge, organically and externally through mergers and acquisitions...

269. Lux Actuaries & Consultants joins Deloitte

Deloitte Cyprus is pleased to announce that the whole team of Lux Actuaries & Consultants (Cyprus) Ltd, has joined Deloitte, with the aim to establish the firm as the leader in Actuarial Services in Cyprus and the wider region...

270. US official says in interview FYROM could join NATO by 2020

The United States expects the Former Yugoslav Republic of Macedonia (FYROM) to join NATO in mid-2020 by which time its name change deal with Greece should be fully implemented despite Russian efforts to undermine it, the top US official for the Western Balkans said on Tuesday....